AVIS BUDGET GROUP, INC. - Director's Dealing 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVIS BUDGET GROUP, INC. (CAR)
CIK: 0000723612
Period of Report: 2018-01-21

Reporting Person: Tucker Michael K (EVP and General Counsel)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-01-21	Common Stock	M	1526	—	Acquired	66991	Direct
2018-01-21	Common Stock	F	500	$45.78	Disposed	66491	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-01-21	Restricted Stock Units	$0.0	M	1526	Disposed		Common Stock (1526.0)	Direct

F1: Represents restricted stock units which automatically convert to common stock upon the vesting of such units on a one-to-one basis.

F2: Represents tax withholdings in connection with the vesting of restricted stock units.

F3: Original grant was awarded in 2015 and vested in three equal installments on January 21, 2016, 2017 and 2018.

F4: Expiration date not applicable.